Credit/Private Debt
Plan staff made a $9 million private credit co-investment in May.
The new fiscal year 2024 asset allocation policy will increase the fixed-income targets for four of the plan’s systems.
The global asset manager has entered a definitive agreement to acquire full control of the London-based debt firm, which will see its 45-person team integrated into the asset manager’s European private debt platform.
The European private credit manager has hired its first-ever head of sustainable investing to further deliver on its ESG commitments and develop its sustainable strategies.
The plan agreed to extend a relationship with RVK that dates to 2006.
The retirement system added three private commitments at its board meeting last week.
The plan hired a manager to implement its maiden 3% target to private debt as part of a new asset allocation policy in March.
The finalists will present their middle market private credit strategies next month.
The plan will hire an additional firm in August as part of its multi-asset credit search.
An education system based in a Southern state has approved new investments to hedge fund, credit and real estate strategies.